Browse a full set of economic indicators

Spain

Includes Spain real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Spain economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Spain best banks and safest banks are also available.

Large Economy Hampered By Political Polarization

As the fourth-largest economy in the eurozone, Spain’s strength is underpinned by a variety of sectors including manufacturing, financial services, chemicals and pharmaceuticals, as well as clothing and apparel, and tourism. Spain’s excellent infrastructure, well-educated workforce, large domestic market and access to the European Common Market make it an attractive destination for foreign investment. Yet, Spain grapples with challenges that include high fiscal deficits and public debt, restrictive labor regulations, and an aging population. The political landscape is also highly polarized, hindering the country’s economic growth potential.

Spain GDP & Economic Overview

Key Facts

Total Area 505,370 sq km
Type of Government Constitutional monarchy
Capital City Madrid
Total Population 47.799 million
Median Age 44.8
Total GDP USD 1,492,430 millions
Adult Per Capita Income (PPP) USD 49,571.05

Trade & Finance

International Trade

Total Exports USD 468,898 million
Major Exports Cars and vehicle parts
Refined petroleum
Packaged medicines
Delivery trucks
Clothing and apparel
Major Trade Partners – Export Germany
Portugal
France
United Kingdom
Italy
Total Imports USD 411,961 million
Major Imports Cars and vehicle parts
Natural gas
Refined petroleum
Crude petroleum
Natural gas
Computers
Major Trade Partners – Imports Germany
China
France
Italy

Inbound and Outbound Investment

Data Shows Spain’s Debt Load To Be Among
Europe’s Heaviest

The chart at left compares Spain’s debt-to-GDP ratio to the regional average. It illustrates how the country has stuggled at keeping its debt burden in line with its national productive capacity.

Spain's Leading Companies

Banking Santander
Electric utility Iberdrola
Banking BBVA-Banco Bilbao
Financial services Vizcaya
Clothing Inditex
Telecom Telefónica

Global Finance Rankings & Awards: Spain

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

arrow-chevron-right-redarrow-chevron-rightbutton-arrow-left-greybutton-arrow-left-red-400button-arrow-left-red-500button-arrow-left-red-600button-arrow-left-whitebutton-arrow-right-greybutton-arrow-right-red-400button-arrow-right-red-500button-arrow-right-red-600button-arrow-right-whitecaret-downcaret-rightclosecloseemailfacebook-square-holdfacebookhamburger-newhamburgerinstagramlinkedin-square-1linkedinpauseplaysearch-outlinesearchsubscribe-digitalsubscribe-printtwitter-square-holdtwitteryoutube